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Stock impact report

Intuitive Machines (LUNR) Rallies 9% on NASA Award [Yahoo! Finance]

Intuitive Machines, Inc. - Class A (LUNR) 
Company Research Source: Yahoo! Finance
Intuitive Machines grew its share prices by 9.05 percent on Wednesday to finish at $20.24 apiece, as investors continued to load up on shares after an investment firm reiterated its bullish outlook and the space firm's bagging of a contract from the National Aeronautics and Space Administration (NASA). In a market note, Cantor Fitzgerald reiterated its “overweight” rating on Intuitive Machines Inc. (NASDAQ:LUNR) alongside a price target of $26. The figure marked a 28 percent upside potential from its latest closing price. The coverage followed the space company's bagging of a $180.4 million contract from NASA for the delivery of seven payloads to the lunar surface, and would support increased understanding of the chemical composition and structure of regolith, as well as the radiation environment in and around the South Pole region. Intuitive Machines (LUNR) Rallies 9% on NASA Award The said award marks Intuitive Machines Inc.'s (NASDAQ:LUNR) fifth Commercial Lunar Payload Se Show less Read more
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